In jewelry boxes across the country sits a veritable fortune in gold. In this case I am not referring to the good stuff, or the stuff that people actually wear. What I am referring to is that piece of jewelry that gets shoved aside, or placed underneath the bottom drawer.

You know the items I’m talking about; that broken chain you intended to fix, or the ring that got squashed and you never got around to taking it to the jewelers. Now that you have that new ring, it really seems pointless to spend money to fix it.

Whether you decide to repair it or not, one thing is certain. You’re quite likely sitting on a gold-mine (pun intended).

Rather than let all of those old discarded gold items sit, while you procrastinate, why not take that old jewelry and turn it into cold hard cash. There are many types of scrap gold that can be sold to buyers, and it is very likely that those old earrings, those two broken watches, and that broken chain are worth more than you think.

In this article we will look at scrap gold, and how you can cash in on it!

10 Scrap Gold Ideas That You Can Cash-In On

To begin, let’s look at what types of gold the scrap gold buyer wants. The truth is that buyers will be interested in anything that is made of 9kt - 24kt gold. But simply knowing that isn’t enough. Scrap gold tends to turn up in the oddest places. Having a few ideas of where to look is a great way to get started.

To help you in your quest for the gold, here are ten ideas that can line your pockets with some extra cash:

1. Broken gold jewelry: That squashed ring, that old tie clip, or that broken bracelet can be sold as scrap gold. Even though you intended to fix it, most people never do.
2. Tangled / damaged gold chains: We’ve all had twisted chains that we couldn’t untangle, or the one with the missing clip. They can be sold to gold buyers.
3. Unwanted wedding / engagement rings: He cheated on you, the weddings off! Don’t just pawn that ring. Turn it into scrap, and then tell him about it!
4. Gold jewelry with missing stones: With the diamond missing, are you really likely to wear that old ring?
5. Unmatched gold earrings: Very often found lurking at the bottom of jewelry boxes.
6. Gold coins / sovereigns: That old gold coin, if in mint condition is worth money by itself. Poorer examples however are best sold as scrap.
7. Gold bullion: Some people really do have gold bullion lying around. With gold topping record prices, there has never been a better time to sell.
8. Dental gold scrap: At 14.8kt minimum (62% gold), those gold fillings you had removed are valuable. Why keep them when you can turn them into cash?
9. Gold Pins/Brooches: That old brooch that you never wear, or that memorial pin that has sat there for years are both worth money.
10. Gold Wire/Screen or Mesh: A common product used in jewelry making. Those odd scraps soon mount up!

How do I go about it?

After you’ve sorted through those old jewelry boxes, and found your scrap gold stash, turning them into cash isn’t difficult at all. Most scrap gold buyers will purchase your gold by the gram. That small handful of unwanted jewelry can really add up.
You can sell your gold to your local scrap gold dealer, or choose one of the online buyers. You will want to take the time to research pricing. There can be a wide variance in the amount buyers are willing to pay. With the local dealer, especially, their higher overhead may lead them to give you less for your gold.

However you choose to sell your scrap gold, one thing is certain, that old jewelry you thought was junk will be much more useful as a wad of cash in your wallet!

Cash For Gold

But the good thing about selling in town is that you can decide on the spot if you’re being offered enough… you can shop your gold around… and you can haggle. If you don’t want to deal with that, online places like "Cash 4 Gold" …   

Instant Money for Broken Gold

Meanwhile, other skittish investors got in when gold was high, and are also selling. Therefore, more are selling than buying, causing the price to drop.

Selling Gold, Silver, Diamonds & Jewelry

Have you seen those commercials for Cash 4 Gold and wonder what it was all about? Cash 4 Gold allows you to turn scrap gold, silver and platinum into money.

Author: Philip J Williams

Gold-Traders (UK) Ltd is a leading purchaser of scrap gold and gold coins. Instant valuations are available via the online calculator and payments are normally issued within 24 hours of receipt

Article Source: http://EzineArticles.com/?expert=Philip_J_Williams

Technorati Tags: sell gold jewellery, where to sell gold coins

If you are looking to make some extra money, consider gold scrap. Gold prices are up right now, and if you have any gold chains, jewelry, rings, pins or any kind of gold jewelry that you don’t wear much, or are looking to part with, then sell it online.

You can walk into gold buyers and jewelry stores and sell your gold, but I have found that there is a higher profit to be made selling online. I am not sure why, maybe because the physical stores have such high overheads, or they just want to see a bigger profit, but why line their pockets?. Check out the gold scrap online.

This can be broken jewelry as well as wearable gold. Don’t throw it away because the chain is broken. You could be sitting on some extra cash.

So, go through your jewelry boxes, or through your house, or your dresser, where you threw that broken gold chain. Then take a look online and see what you can get.

You could also consider buying and selling gold scrap for extra cash. Get yourself familiar with the online prices of gold and and you will be able to spot a deal right away.

This is a great way to make money on the internet without having a website, ads, or affiliates, with no cost to you, other than a listing fee.

Scour the estate sales, bazaars, garage sales, and you will be amazed how many people will have broken gold jewelry for sale for quite cheap, since it will need repairing, and they don’t always realize that there is value in the gold chain itself.

So, get out there and turn your new hobby into a business and buy and sell gold scrap.

Instant Money for Broken Gold at Cash 4 Gold

For the most part, gold was flat today, and has been recently. Gold rose to $910.70 last Wednesday after falling below $900 an ounce, and has spent the past week navigating around the current figure.

Selling Unwanted Gold Jewelry For Cash

Record high precious metal prices are attracting buyers and sellers of old gold jewelry. With the economy in near-ruin and slumping home values, old gold has become the new standard once again.

Putting Money-for-Gold Offers to the Test

With gold trading around $1000 an ounce these days, are you looking into your jewelry box wondering if you see some fast cash - maybe even a lot of cash?

Author: Diane Palmer

http://www.make-crafts-for-cash.com/goldscrap.html buy and sell your scrap gold jewelry or pieces online and make money. Click on the link to see the activity with scrap gold right now. This is a great hobby or small business to start. Article and website by Diane Palmer

Article Source: http://EzineArticles.com/?expert=Diane_Palmer

Technorati Tags: gold refiners, scrap gold buyer

Times are tough right now. The current recession has caused millions of people to lose their jobs in 2008, with the unemployment rate rising to 7.6 percent in January. Many people are trying to save money any way they can, whether it be driving less to save money on gas or not eating out. Unfortunately, sometimes saving doesn’t cut it, so people are looking for other ways to get some extra cash.

The price of gold is at record highs, going for $31.52 per gram and seems to be rising. Recently I have seen many commercials on television and advertisements on the internet saying you can send in your unwanted gold jewelry for cash. I was a little curious and also skeptical on this concept, so I decided to research this way of getting some quick cash.

In order to sell your gold jewelry for cash, you normally need to follow three steps:

1.Request your gold jewelry return kit by completing a form online or calling the company’s toll free number.

2.Place your gold jewelry in the pre-paid envelope they provide and mail it back to the company.

3.After your material is processed, the company will either send you a check or deposit your money into your checking account within 24 hours.

These "mail in your gold jewelry for cash" companies usually will guaranty against loss of the total contents properly shipped to them, but of course certain conditions apply. If you are dissatisfied with the amount you received, or if you change your mind about selling your jewelry, some companies will return your jewelry within 10 days of the date on the check they sent you. Some companies allow you to track the status of your order by using an online feature, which provides you instant access to their database.

Of course there are other ways to receive cash for your gold material. Pawnshops and jewelers will buy your gold for resale, but the value for your gold can vary from store to store. Since some companies buy gold jewelry for refining and not for resale, their prices are based solely on the weight and karat grade contained in the gold, not on its potential value if resold intact. Overall, using a "mail in your gold jewelry for cash" service appears to be a good choice in turning your gold jewelry in for cash, both for convenience and cash amount received back.

Instant Money for Broken Gold at Cash 4 Gold

That game is over. So now people have to go inside their home and find things to subsidize their income, i. e., cash for gold." The reason for gold’s rise is that several factors came together in favor of the metal.

Money for Broken Gold

It would not be at all surprising to see markets open next week with a new upward trend for gold, reflecting investors taking advantage of a quick dip.

Gold at Cash 4 Gold

With unemployment up, the price of gold hitting $1000 an ounce in the last thirty days, and many people outright “spooked” by the economy, you may be thinking it’s a good time to unload some gold jewelry.

Author: Tracy K. Matthews

Information source: Cash4Gold

Article Source: http://EzineArticles.com/?expert=Tracy_K._Matthews

Technorati Tags: 14k scrap gold, where to sell gold

It’s a story as old as money itself: the "flight to gold" in times of economic uncertainty. With the world facing as much economic uncertainty as it has since the onset of the Great Depression eight decades ago, you may have fallen upon hard times. And you might, quite naturally, be thinking about selling your gold for cash.

As certain as the flight to gold is, however, equally certain is that there will be plenty of unscrupulous buyers waiting to take advantage of the explosion in gold’s popularity. So if you are considering selling your gold, you need to do your homework. Don’t fall for those late-night TV or online ads by companies who promise to pay you "top dollar" for your gold simply because they make it very easy for you to execute the sale. With a little more time and effort, you may find that selling gold for cash can be far more lucrative if you decide to work with a reputable gold broker in your area.

Why is it that so many people have rushed into selling gold for cash from online entrepreneurs? Because those buyers have gone out of their way to make the selling of gold as hassle-free as possible, and because they have made it very appealing for people in an extreme cash crunch to collect the proceeds of their sales in next to no time. They simply provide you with a "sales kit," which is simply a secure pre-paid mailing envelope into which you place the gold you want to sell, and ship it to them.

Once they receive your gold, they will use their "state-of the art x-ray technology" (or something similar) to examine your gold for purity, and will offer you a price based on their findings. This offer may come in the form of a check which you have up to 10 days to cash. If you don’t cash your check the gold will be returned to you. Just be aware that it can take as long as a month before your gold is returned, and you can’t sell it to someone else until it is!

Some of these sites also give you the option of having your proceeds deposited directly in your checking account for a small fee just 24 hours after they test your gold for "purity."

For anyone who is being financially squeezed, however, sitting on a check for ten days can be very difficult. Even more difficult is the prospect of saying no to having cash deposited in a checking account in just 24 hours. There is a significant amount of psychological pressure at play here. If selling gold for cash is something you want to do, you deserve to know what your other alternatives are.

It won’t take long for you to approach a local gold dealer. Estate appraisers will usually be willing to give a few gold items a quick look at no charge. If you’re trying to sell gold jewelry, it might not be in good enough condition to get a premium offer, but could still earn you some money as scrap metal. Just be sure to remove any gemstones from it first, because there is also a market for them.

Don’t be embarrassed to turn down the first offer you get. Most gold dealers will lowball you with their first offer, and if the demand for gold continues to rise, they’re going to lose out if you take your business elsewhere.

Finally, if selling gold for cash is something you absolutely have to do, here are a few tips to help you weed out the shady buyers:

• Run a Google search with the name of the companies you’re looking at and add the word "complaint" or "scam." It’s the quickest way to find the bad guys.
• Visit the website of the Better Business Bureau, enter your zip code, and the name of the gold buying company you are considering. If no one in your area has filed a complaint against them, you can follow a link to a page with complaints from other areas.
• Find out if the gold dealer will offer the same price per ounce for small amounts of gold as they do for large ones. Many of them don’t, but will only advertise the higher prices offered for large amounts.
• Find out if you’ll be charged a fee to have your gold returned. Also make sure that your items will be insured both ways.
• Make sure that the company has a record of guaranteeing that they will accept returned checks from customers who are unhappy with their prices. Make sure that they also have a proven record of making cash deposits to their customer’s checking accounts in the advertised time.

None of us wants to be in the position where selling gold for cash is critical for financial survival. If you are, however, you deserve to protect yourself!

Gold News

Back then, the Gold Price had been tumbling for the best part of two decades – thanks first to those double-digit US rates, and then to the fast-growing number of high-return alternatives for investment cash that sprouted worldwide.

Gold About to Burst Out of Its Recent Trading Range

The U.S. Mint sold four times as many American Gold Eagle coins in January 2009 as it did in the same month a year ago. This is following the trend established last year when sales of the Mint’s one-ounce American Eagle gold bullion coins rocket… 

The First US Silver Dollars

After the Coinage Act of 1792 was passed, the United States Mint started to produce the first US silver dollars from 1794 up to 1803.

Author: Benjamin King

To get the best payout for your gold, diamonds, silver, watches, or other jewelry, the author recommends Jewelry2Cash, a mail-in firm that helps customers get cash for gold in San Diego and nationwide. Jewelry2Cash also offers a comprehensive gold selling guide

Article Source: http://EzineArticles.com/?expert=Benjamin_King

Technorati Tags: how to sell gold, scrap gold prices

Record high precious metal prices are attracting buyers and sellers of old gold jewelry. With the economy in near-ruin and slumping home values, old gold has become the new standard once again. The price today has exceeded $1000 per ounce and would-be-sellers are now flocking to sell scrap to refiners to take advantage of selling their unwanted gold for a record high.

"People are looking for the best places to get cash for gold jewelry" says Warren Price of a Seattle’s North pawn industry. "The dollar is down. Stocks are down. People need cash and you can safely sell your old jewelry for 3 times more now than just five years ago." Sellers may get only $130 for a 10-gr .35 ounce 14-karat necklace but it is at the highest price than ever before. This is the right time to sell. Pawn brokers report people are raiding their jewelry boxes and bringing in old scrap jewelry. People of all walks of life are taking advantage of this opportune time. The selling of gold is up 50% from last year.

"A young woman walked in and said she couldn’t pay her rent," Price said. "So she sold an old gold coin her grandmother had given her." She pocketed $984 and walked out relieved having had the option to get a good price for her gold coin.

It is no surprise that sellers are taking advantage of the record high. Since interest rate cuts by the Federal Reserve could send the dollar yet lower. As the dollar falls, precious metal prices typically rise. Gold sales volume has shot up 8 times in recent weeks. The larger trend is the peak in interest from refiners who are buyers.

So where is the best place to sell gold jewelry? Many online refiners have sprouted up making the decision more difficult. A recent Fox News investigation put some of the better known "sell cash for gold" companies to the test.  But the decision should be yours.  Do research and find the best company for you.  Clearly that company will be best place to sell gold jewelry and scrap precious metal.

1804 US Silver Dollar

The 1804 US Silver Dollar is much storied coin. One of the rarest coins in the world, there’s much that fascinates the numismatists, as well the others. 

Yesterday’s Jewelry is Now Your Ticket

The price of gold was significantly lower when most old jewelry was manufactured and sold. Now, with gold prices skyrocketing toward an all-time high…

Fed Destroys the U.S. Dollar, Gold and Euro Soar

Recycled metal – originating from gold-jewelry owners taking profits to raise cash – began pouring onto the international market in mid-2008 as prices rose amid the global economic slowdown.

Jon Nadler who is an analyst at Kitco Bullion Dealers in Montreal expects by summer that the dollar will begin to recover and gold will return to stabilized level of $650 - $750 an ounce. This will make the window of opportunity for people to get the best cash when they sell unwanted gold jewelry and coins. It may not bring riches but it could bring financial stability to those who need money quickly.

If one is looking to sell broken gold jewelry and make some cash in the process, they would be best served using a trusted service.

Author: JM Williams

JM Williams http://www.cashforgoldus.net

Article Source: http://EzineArticles.com/?expert=JM_Williams

Technorati Tags: scrap gold buyers, where to sell gold jewelry

Find out the secrets behind getting the most for your old unused jewelry. Everyone says they have the highest payout and best service, the real question is which one does?

A few weeks ago, a friend asked me how he could make some money to buy himself a new shining hi-def 50" lcd without giving up on anything and keeping his wife. After I did some thinking, I came up with this wonderful idea. I told him: "hey Jeff, you can sell your old unused jewelry for big bucks online"!

But than came the long exhausting process of choosing the right company for this. Since there are about 50 cash4gold and money4gold programs online and surprise, surprise, they all claim to have the best service and quickest and highest payouts in the market.

After reading some reviews, forums, checking their websites and talking to some friends, we found the best one and tried it out. But before filling the online form we’ve also called their support number which is an 888 (free) to confirm they’re real, read their "about us" page that claims they have been around since 1985 and read their users testimonials. The other part that we liked was that it is one of the "as seen on tv" lineup that never lets me down.

This got our attention and after a few days, we received big big bucks for the old dusty gold we didn’t need anymore and bought Jeff the tv he always wanted.

Beware of scams, always be informed.

Gold Price and Currency

Democratic leaders to introduce legislation to tax bonuses from companies getting $5 billion or more in government bailout funds. House Democratic leaders. 

Guests Swap Old Jewelry for Cash

The guests at Cheryle Podgorski’s "gold party" were there to trade in their old jewelry for cash. Gold parties - the recession answer to Tupperware parties - are popping up around the country as people cast about for ways to raise money.

Cash-for-Gold Businesses Become More Popular

Many are hitting up ‘cash for gold’ businesses and pawn shops over the last few months as the economy sours and the price of gold remains high. 

Author: Mike Jacob

Anti Scams Info is your guide to educated purchases. Daily product review about anything you like that will help you avoid scams and keep you Anti Scammed - Click Here For More About Making Money Selling Gold

Article Source: http://EzineArticles.com/?expert=Mike_Jacob

Technorati Tags: buy scrap gold, how to sell gold jewelry

If, in spite of your best efforts, you find yourself among the millions of people who are struggling to stay afloat financially, you may be thinking of selling old and unused jewelry.

While, as far as your fashion sense is concerned, that old jewelry might have lost its luster, it may be more dazzling than ever as far as its monetary value is concerned. Collapsing stock markets always mean soaring gold prices, and today’s struggling market is no different. While deciding to raise cash with your old jewelry may not make much sense in some economic climates, this most definitely is not one of them! The price of gold and other precious metals has risen so much, in fact, that continuing to hang on to your old jewelry in anticipation of further price increases really doesn’t make much sense - especially if you need cash urgently.

The only negative aspect of selling old jewelry for cash in such an economic environment is that whenever the price of precious metals rises as much as it has in recent months, many unscrupulous entrepreneurs use the higher prices to take advantage of people’s need for money. They make offers for old jewelry which are far less than what it is actually worth. If you have decided that selling old jewelry for cash is one way to help yourself out of your financial difficulties, you may benefit from some advice on how to go about doing it.

Begin by listening to what the Better Business Bureau has to say about selling old jewelry for cash. They claim that, as far as gold purchasers go, you’d be wise to avoid any company which puts a lot of effort into advertising their gold buying services in late-night infomercials. Almost all of those companies have websites where you can make arrangements to sell your old jewelry, and those websites have received more complaints in the past 18 months than any other companies which purchase jewelry.

Most of these online companies, however, appeal to those who are the most desperate need of cash. They offer, for a small fee, to deposit the amount they’re willing to pay for the old jewelry directly into the seller’s checking account within 24 hours of receiving and examining the jewelry. They also will offer to pay by check, and allow the seller 10 days to decide whether or not to cash the check. If the seller decides the price isn’t good enough, he or she can simply return the check and hope that the jewelry will likewise be returned. It may take as long as 30 days for the jury to be mailed back, and that’s 30 days during which it can’t be sold to someone else.

Another way of selling jewelry for cash which is rapidly gaining popularity is the gold selling party. New twists on the Tupperware party concept, gold selling parties are ideal for anyone selling old jewelry for cash, but they are even more lucrative for the people who hold them. You can bring your old jewelry, or anything else you have with gold content, to a gold selling party where it will be evaluated by either a professional gold buyer or by a host who has purchased a gold selling party kit. A gold selling party kit contains a scale for weighing the different items, a device which will enable you to determine the percentage of gold in each item, a list of how much you should pay for different items, and an assessment of how much you can reasonably expect to profit. If you decide to act as the buyer your own party, however, keep in mind that the party kit will usually cost in excess of $500.

If you decide to simply host the party and invite a gold buying professional, you’ll get a commission (about 10%) off the top of whatever your guests make by selling their old jewelry, and you may also be a reimbursed for the cost of any refreshments you have provided. If you’re not interested in hosting a party, but intend to try selling your old jewelry for cash at one, remember that you’ll be paying the commission.

The easiest and safest way to sell old jewelry for cash, however, is to simply call around to the professional jewelers in your area and ask them if they buy old jewelry. Simply collect all the jewelry you intend to sell and take it to each of the jewelers interested in purchasing it. They’ll run it through a few basic tests before making their offers. Shop it around until you find it offer you like, and don’t be afraid to negotiate because the first offer is almost certainly going to be a rock-bottom price!

The Cash For Gold Test

You’ve seen the ads - cold hard cash promised for your old jewelry. With so many Clevelanders looking for extra money these days, more and more people are sending old wedding rings, necklaces and earrings.

Broken Gold

For the most part, gold was flat today, and has been recently. Gold rose to $910.70 last Wednesday after falling below $900 an ounce, and has spent the past week navigating around the current figure. 

Cash For Gold

You’ve seen the commercials and billboards. Sell your old broken gold jewelry for big bucks. There are even traveling gold buyers in town right now. So what’s the deal? 

Author: Benjamin King

If you want to sell your old or unused jewelry, the author highly recommends Jewelry2Cash, a San Diego based scrap gold and estate jewelry buyer. Jewelry2Cash also offers an informative guide to selling gold and jewelry for cash

Article Source: http://EzineArticles.com/?expert=Benjamin_King

Technorati Tags: scrap gold recovery, scrap gold value

If some extra cash would come in handy then you should consider selling your gold scrap.

Gold prices are very high and this can be an excellent time to cash in. If you have any gold rings, pins, chains, jewelry, or any kind of gold jewelry that you haven’t worn in years, has a broken clasp, whatever, you can sell it for cash.

Gold prices are at or near all time highs, demand is still rising, for industry and as a haven for wealth. Now you can benefit from all the buyers looking for scrap gold. Online, offline, storefront, gold parties, there a re an unprecedented number of eager buyers looking for your old broken jewelry, silverware etc.

Almost everyone has some old cufflinks or broken earrings collecting dust somewhere. Turning those into cash is easy. Last year it’s estimated over 1,000 metric tons of scrap gold was sold to the refiners. This year might be even more.

Online buyers will send you S.A.S.E for you to send in your gold. They will evaluate it and send you a check. Easy right? Well it may be easy but how do you know if it was a fair price?

Jewelers and Pawn shops usually buy gold and silver, check out the one’s near you and see what they offer. Be careful, many will make you buy something or offer you a credit instead of cash.

Gold parties are springing up all across the country and provide a fun interesting way to sell unwanted gold, silver and other precious metals.

Most gold parties are an open house type event. People just drop by between say 12 and 4 on a Saturday afternoon. They bring their items for a free no obligation offer. They have some snacks and talk with the hostess and are free to decide if they want to sell for cash on the spot.

Hosting a gold party will usually get you about 10% of the total amount purchased. If your party has $2,576 of purchased goods, you make a cool $257.60. Not bad, for a few hours of chatting with your friends and neighbors.

Cash For Gold

Selling cash for gold is an emerging trend in Milwaukee and across the nation. Recently Kessler Diamonds and Robert Haack Diamonds have advertised to purchase gold. 

Cash-for-Gold Businesses Become More Popular

Ohar is among those hitting up cash-for-gold businesses and pawn shops over the last few months as the economy sours and the price of gold remains high.

Selling Unwanted Gold Jewelry For Cash

Record high precious metal prices are attracting buyers and sellers of old gold jewelry. With the economy in near-ruin and slumping home values, old gold has become the new standard once again.  

Author: Tim McGovern

For more information on how home gold parties can make you hundreds of dollars in a single afternoon, go to http://MetalMoney.com

Article Source: http://EzineArticles.com/?expert=Tim_McGovern

Technorati Tags: gold kits, recycle gold

You have probably seen their ads on TV. "Send us your scrap gold and we will send you a big fat check". As a former salesman of precious metals, I decided to put one company to the test. What I found out was surprising to say the least.

Preparing To Sell My Scrap Gold

I chose a small 10 karat ring to send in to company X. In a worst case scenario, I might never see my items again. So this was a way to limit my losses in case that happened.

How did I know the ring was 10 karats? These items will have the content marked or stamped on the item. This is usually expressed in karats but sometimes is expressed in parts per thousand. For instance, if you see 500 stamped on your jewelry, it is an alloy containing 50% gold.

You can find a basic definition of the Karatage system in my Weights & Measures article elsewhere on my site. There you will see that a pure gold item is expressed as 24karats (24K). Anything less and the item is an alloy with some other metal(s). My ring has 10K stamped on the inside so the gold content is 41.66%.

I requested my mail-in kit online and waited for it to arrive. Before sending the ring off, I weighed it to get a precious metals weight of either Troy ounces, pennyweights or grams. Since I didn’t know which of the various weights Company X would use to base their offer on, I wanted to be prepared regardless of what weight system they based their payout on.

Using my handy multi-weight pocket scale (less than $25.00), my ring weighed in at 8.2 grams. Using information in the Weights & Measures article, I calculated that 8.2 grams = .265 Troy ounces = 5.3 pennyweights. Now I was ready: 1) to see if Company X matched one of these readings after weighing my ring; and 2) to convert that weight (if necessary) to Troy ounces to figure out what percent of the ring’s value they paid out.

Results Of My Sale

On Day 1, I mailed the packet they provided back to them with the ring enclosed. After about seven days, I started checking the progress using their online tracking system. On Day 12, after getting messages they still hadn’t received it, I sent them an E-mail asking "where is my ring"? They quickly responded, apologizing for the delay and said my check would be mailed on Day 14 via 1st Class Mail. I received their check on Day 18 for a whopping $12.72. That was with a 20% special bonus.

There must be some mistake!!!!

So I started examining Company X’s figures to try to make sense of it. First of all, did their weight match any of my weights?

Their payment was based on the ring’s pennyweight which was stated as 5.3. So far, so good - it matched my pennyweight result. With 20 pennyweights in a Troy ounce, 5.3 pennyweights equals .265 Troy ounces.

Second, what was the price of spot gold when they "locked in" my price?

They didn’t provide that but checking the price from Day 1 to Day 13, the price averaged about $800 per ounce.

Third, what percent of the ring’s worth did they actually pay me?

By multiplying $800 by .265 percent, I came up with $212.00. If the ring were 24K, this would be the actual value. Since the ring is only 10K (41.66 % purity), the value is .4166 times $212 or $88.32.

The $12.72 check Company X sent me was approximately 14.4% of the ring’s value. They kept 85.6% as their processing and refining fee.

Understanding Company X’s "Logic"

Company X’s return policy states they will return a customer’s jewelry if their check is returned within 10 days. I took them up on their return policy by mailing the check the next day (Day 19). Notifying them in an E-mail that their check was being returned, I told them of my calculations. I wanted to know how accurate my calculations were and what was missing in understanding this tiny check.

Their response was my calculations were "almost accurate". Because my ring required refining, payment was based on a sliding scale. Also, because my total shipment was less than one ounce (20 pennyweight), my payment was in their lowest payout category.

It was then they made a surprise offer…

After checking with management, they offered a price based on the five ounces and higher category. They were willing to send me a check for $28.49 for the ring. That brought the percentage of the ring’s value ($88.20) to 32%. I was hoping for 50% so I thanked them for the offer but asked for the ring back. It was returned on Day 44.

Lessons Learned

If you decide to sell your scrap gold to one of the big companies advertising on TV, or to one of the local jewelry stores now accepting these items, or even attend a "precious metals party" that a friend or acquaintance is holding, consider these steps:

* Get the weight of each piece in Troy ounces, pennyweights, grams or grains.

* Get the purity of each piece which is usually expressed in karats or parts per thousand.

* Find out the current price of spot gold.

* For each piece, get the value by multiplying the weight of the piece (in Troy ounces) by the spot price. Then multiply that result by the purity of the piece.

* You are now better prepared to approach these buyers, understand their offer and negotiate the best possible deal.

Keep in mind that these companies are performing a service and deserve a fair processing fee - especially if the pieces are 24 karat and requires refining. You have to decide what is fair and if you want to part with your scrap gold based on their offer.

Gold News

New CEO Mark Cutifani oversaw gold production of 4.982m ounces for the year; total cash costs for the year were $444/oz, and the irritating hedge book was partially attacked.

Singapore Has A Lot Of Cash On The Sidelines

Cash-on-the-sidelines remains exceptionally high and free liquidity is accelerating. Singapore is a growth-oriented market, while value is a runner-up. Still, the financial crisis of the past year has put a premium on low risk and high stability.

Cash4Gold

"Gold appears to be benefiting both from being the traditional hedge for inflation hawks (some of whom are now beginning to worry about the risk of hyperinflation) and from the mistrust of some investors towards cash assets.

Author: John Ausiman

John Ausiman was a salesman of gold and silver for one of the oldest, most reputable precious metals dealers inthe U.S. He no longer is actively selling precious metals but wants to share his expertise with would-be gold and silver investors. You will find a number of useful articles on gold at his web site http://goldinvestingsimplified.com

Article Source: http://EzineArticles.com/?expert=John_Ausiman

Technorati Tags: gold jewelry buyers, sell gold jewellery

Selling your scrap gold is an excellent way of turning old, unwanted or broken items into cash. It’s amazing how many people have items that could make them a very healthy profit, but just keep them in a drawer, or in the attic, simply because they never seem to get around to doing anything about them. You’ll be pleased to know that it really doesn’t take a lot of effort to get these items turned into cash, and the process should be even easier if you follow these tips to help make sure you have a successful sale.

There are a number of factors to remember when you decide to sell your scrap gold, or any item for that matter. These will help you get the very best price for your gold, and will also help to protect you from less reputable companies.

If your gold item is perfectly sellable, for example if it is a ring which is in perfect condition, then it may be worth while listing it on an auction site, or trying to sell it through a jeweller, or antique store. You will be likely to get a higher profit selling it ‘as is’. You should only really consider selling your gold as scrap if the item is broken, or damaged in some way, which would not be economical to repair.

If you are happy as selling scrap gold, then there are a great deal of companies willing to buy your item. As a point of reference, the first quote you should seek is from your high street jeweller. In doing so, you’ll get confirmation of the type (purity) and correct weight of your gold. Make sure you also note the price per gram you’re being offered. Armed with this information, it’s time to hit Google and seek out some online scrap gold buyers. Probably the first thing you’ll notice is how much more some online dealers are willing to offer. In extreme examples, it can be as much as double your jeweller quoted! You will often find that by putting in a bit of extra effort at this stage can lead to a much healthier profit for you in the long term.

Remember when you are sending your gold items to the company for a quote it is always sensible to remove anything of value from the gold. If you were sending in a ring for instance, you should try to prise any precious stones out of the item, as these stones may have a value also. However if not able to do this, ensure that you make it clear to the company that you want a separate quote for the value of the stones - there’s no use in giving away something that you could make an extra profit on, right?

Of course, as with any transaction it is recommended to make a copy of all the forms or documents you send to the company. Always try to use recorded / insured delivery, so that someone has to sign to receive the parcel. This not only lets you track your parcel, but also acts as proof that the company have received what you sent.

It is also a really good idea to take photos of all the items you are sending as well. Be sure you keep all emails and if there are any phone calls between yourself and the company buying your scrap gold be sure to make a note of the time and date of the call, and the person to whom you spoke. This may seem excessive, but it is better to have as much protection as possible, especially if you are selling a large amount of gold - you don’t want any pieces going ‘missing in the post’.

The price of scrap gold may fluctuate slightly on a day to day basis because of the changes in the global gold market. When selling your gold online, try to find a company who will guarantee the quoted price for a certain period. In doing so, you’ll be protected from any sudden drops in the market.

Hopefully by following these simple tips you will be able to successfully sell your unwanted scrap gold for a very healthy profit. See, it really is that easy to turn something from the back of a cupboard into cash!

What is a Gold Party? Making Money Selling Your Gold

Since these are financially stressful times, selling gold at one of these parties is an easy way to make some extra cash for something that won’t be missed. Charities are using the Gold Party idea to raise money.

Plots Gold

Many companies are slashing their exploration budgets to preserve cash and it’s a combination of this factor and low nickel prices that are thought to be behind BHP’s decision.

Are Gold Miners Valued On Cash Flow?

An article today titled ‘The Market Appears to Be Valuing Gold Stocks on Cash Flow, Not Assets’ says gold stocks are under-performing bullion because higher production costs are depressing the value of the expected future cash flows.

Author: Philip J Williams

Gold-Traders (UK) Ltd is a leading purchaser of scrap gold and gold coins Instant valuations are available via the online calculator and payments are normally issued within 24 hours of receipt

Article Source: http://EzineArticles.com/?expert=Philip_J_Williams

Technorati Tags: buy sell jewelry, cash for jewellery

Gold prices are currently high, making it an excellent time to sell your broken jewelry and other scrap gold. However, you might have a hard time knowing whether or not you’re getting a fair price for your gold. Here’s a short guide to finding out how much scrap gold is worth and getting a good deal.

Scrap value is the minimum value that gold should be sold for - the value of the gold itself. Before you sell your old jewelry or other gold items at this price, think about whether or not you could be getting a better price. After all, there are a number of factors that could bring the price up.

Good workmanship could get you a price that’s less than retail, but higher than scrap. Likewise, something that’s antique or bears a maker’s mark may be worth more, as well as any piece with gems set into it. They all have value outside the transaction, and should be removed from any gold piece that is only worthwhile as scrap. Sell precious stones to another dealer.

Once you have determined that the piece has no other value than scrap, you’ll need to know what karat it is. This ranges from eight karat to twenty-four karat, and will tell you what percentage is truly gold. Twenty-four karat gold is nearly pure, and eighteen karat is about seventy-five percent pure.

Eight karat gold is found mostly in Europe, and is too low in purity to be recognized as having much value in the US. This material is about a third gold, and sometimes may tarnish. Nine karat is thirty-seven and a half percent gold, and is found mostly in the UK. The minimum US standard is ten karat, at about forty-one percent gold. This material is chosen for its hard wearing qualities, as it’s harder than pure gold.

Twelve karat gold is fifty percent pure. It’s rarely seen these days, but may be found in old watch cases. Fourteen karat gold is fifty-eight percent pure, common in the US, and is also made in Asia for markets overseas and in Russia. Fifteen karat gold is sixty-two percent pure, and a discontinued standard from countries in the UK. Since no fifteen karat pieces have been made since the mid-1930s, this mark tells you the piece may have antique value.

Eighteen karat gold pieces make up the majority of quality pieces, and may also be marked 750 parts per thousand. You’ll find twenty-two karat gold mostly in pieces from Asia and the Middle East. It’s very yellow and soft. At the top of the list is twenty-four karat gold, the softest and purest available.

Once you know how pure your gold is, finding the weight is the next step. Gold and silver are measured in either troy ounces or in grams. Look up the daily spot price per ounce (you can find it online), then divide that number by the percentage of purity of your gold. This will tell you the price you can expect to get for your scrap gold.

Putting Money-for-Gold Offers To The Test

With gold trading around $1000 an ounce these days, are you looking into your jewelry box wondering if you see some fast cash - maybe even a lot of cash? You have probably watched and listened to the ads promising big bucks for gold.

Cash 4 Gold: Today

So now people have to go inside their home and find things to subsidize their income, i. e., cash for gold. The reason for gold’s rise is that several factors came together in favor of the metal.

Market Valuing Gold Stocks on Cash

Back in 2006 when I started modeling the gold mining stocks, the cash cost of production was around $250/oz. Now company guidance shows that they are mostly north of $400/oz., as shown in this chart from a recent Goldcorp presentation.

Author: Bud Blair

Bud Blair founded Gold Tree Online, the leading site to sell scrap gold online and exchange cash for gold

Article Source: http://EzineArticles.com/?expert=Bud_Blair

Technorati Tags: money for jewelry, sell fine jewelry

It has never been this easy to sell scrap gold. Considering the many precious metal buyers available both on and offline, it’s simple for someone to take that old gold from the drawer or jewelry box and turn it into money.

Who doesn’t have an old gold watch or a pair of broken gold earrings just sitting collecting dust? If that you are like most people, you probably have a bunch gold items that are hanging around and you don’t know what they are worth. If you sell scrap gold jewelry it can help you raise the funds for something you could actually use.

The best form to selling scrap gold and extra jewelry is to send it to a precious metals refiner. Precious metals refiners usually offer the best prices for your old precious metals, so it is the easiest method to sell scrap gold. simply get online, find a precious metals refiner and ask them to send you a free gold kit. It’s typically in your mailbox within a few days.

When it arrives get together all the gold and jewelry you want to liquidate. put it in the secure packaging in the kit, and drop it in any mailbox.

Once the refiner gets your gold, they figure out the value then they make you an offer of how much they will pay. You decide whether or not you take the offer or say no thanks and they send back your gold.

If you like what they are offering, you just say OK and they send you the money in the mail.

"Cash For Gold" Industry Needs Regulation

"Cash For Gold" Industry Needs Regulation. Jewelry buyer Brett Barrad says it’s time for the government to crack down on predatory and unfair practices by many "cash for gold" firms.

Turn Cash Into Gold

If you’re looking for an additional source of income, look no further than your jewelry box. Trading cash for gold has been a constant source of money for years, and its not slowing down even in todays tough economy.

Be Mindful When Selling Your Gold For Cash

Gold jewelry is sold for a great deal of cash right now, and many people are dealing their old, gold pieces as a means to to make it through economic … 

Author: Stephan X Leblanc

Really, it’s so simple anyone can do it, so sell your scrap gold now by getting your kit. To get started and sell scrap gold click the link for a free gold kit right now

Article Source: http://EzineArticles.com/?expert=Stephan_X_Leblanc

Technorati Tags: computer scrap gold, gold scraps

With the price of gold so high, people everywhere are selling their old gold today. There are many ways to do this but the easiest way is to sell it online. That’s right I said online. How to sell scrap gold online, you ask?

How to Sell Online

There are websites online where you can send your gold and receive money for it. The ones that are easiest to deal with have a gold kit to send you, this includes an envelope to put your scrap gold in. This envelope has prepaid postage on it.

The kit may also contain paperwork where you need to describe what gold you are sending to them. As with anything make a copy so you have some proof of sending it. Most of these prepaid kits also have insurance on up to a certain amount. Now if your scrap gold is valued higher than insurance offered contact the website and ask what to do. They may have a solution for this.

Once you send them your gold, you will receive a check by in a reasonable length of time.

What is Scrap Gold?

Scrap is basically anything gold you have that you do not want anymore or need the money for. Here are some examples of what you may have that is scrap gold:

Tangled chains.
Jewelry that is cracked or broken.
Rings of all kinds including class, engagement, and dinner rings.
Earrings
Even dental crowns
Broaches
Old Watches
Nuggets

These are just a few of the items you may have there are many more things that contain gold. The website you sell through should have some suggestions on this too.

Why Sell Your Scrap Gold?

Many of items may be broke or not work as in watches and you may feel no attachment to them to keep them. Or you may actually need the money to pay the bills. You may also just want to get rid of your old stuff not being used gold and use the money to reinvest in other gold items.

What You Need to Know?

You need to know about how much your gold is worth. You can check this out online through charts. These charts are based on different ways of weighing gold. You may have 1 gram of gold you can find a chart that is according to grams and so on.

Conclusion

For whatever reasons you have for selling your gold it is sure convenient to sell it online. So check out selling your scrap gold online today.

Is Cash For Your Gold Really That Easy?

More commercials have been popping up on the television, advertising quick cash for your unused gold jewelry. Consumers who are short on cash may be all too…

Work At Home Business Opportunities

Right now people are being bombarded by offers to get cash for their unused jewelry. That’s because Gold’s price per pound is skyrocketing! (It always does when people see the stock market tumble and governments plan to print money).

Ready for the M&A Gold Rush

The rush of interest in buy-outs will do two things: drive down the valuation and prices of companies that do get bought, and disappoint many trying to cash out. In this economic climate, an acquisition requires plenty of cash on hand.

Author: Bud Blair

Bud Blair founded Gold Tree Online, the leading site to sell scrap gold online and exchange cash for gold

Article Source: http://EzineArticles.com/?expert=Bud_Blair

Technorati Tags: dental scrap gold, scrap gold recovery

Gold recently surged to around a thousand dollars an ounce. Many people who raced out to sell their scrap gold didn’t have a clue about how the value of scrap gold is calculated by the buyer and may have ended up accepting less cash than they could have received.

If you’re not aware of the rules of the gold game you can lose some serious money in a hurry when trading gold. There are a number of scales, formulas, and calculations, used to determine the value of scrap gold that most sellers aren’t familiar with and not all buyers operate the same way. The local antique dealer may have a different method to value scrap gold than a jeweler or a pawnbroker.

Most gold brokers use the pennyweight scale to place a value on selling scrap gold. The pennyweight scale can be quite confusing to someone that has never been exposed to it and there are a number of ways it can be manipulated in the buyer’s best interest. You will always get a better idea of what your scrap gold is worth at the retail level if your gold is measured and valued in the gram scale. Unfortunately most people don’t have a concept of what a gram of gold is and without a working knowledge of the gram it’s easy to underestimate it’s value. Recently a gram of gold was worth $32.00. Some speculators believe this is just the beginning of a surge in the price of gold and it will be worth even more soon.

If you decide to sell your gold you should be aware you would be much further ahead if you deal directly with the smelter or the refiner. By eliminating the middleman you will realize a far better return on your scrap gold. Of course you must use due diligence and choose a refiner with a reputation you can trust. The Better Business Bureau is a good place to start if you decide to deal directly with the smelter.

Most people make only a few scrap gold trades in their life and unless you understand the rules of the game it’s likely you will lose. In every trade there are winners and there are losers. The category you end up in usually depends on the amount of knowledge you bring to the table.

If you are considering selling your scrap gold you need to understand how a buyer arrives at a cash value for your little treasure. If you are clueless about how scrap gold is calculated you need to understand the fundamentals or you could lose a small fortune and not even know it.

Don’t be asleep when you sell gold. What you don’t know can definitely hurt you. Do your homework before you sell your gold. If you wait until you are in the gold buyers domain to understand the basics of the transaction it will be too late. The value of scrap gold can be mysterious and confusing but with proper preparation and knowledge you will come out ahead.

Scrap Gold Entry Rises in Global Market

Scarp gold entry in the global market has increased significantly, mainly from Africa, where the spot prices remain higher. 

India’s Scrap Gold Meets Jewelry Demand

India’s Scrap Gold Meets Jewelry Demand, March Imports Slump. Gold imports by India, the world’s biggest buyer, have been near zero this month as a weak currency and record … 

Gold Testing Devices Shine

As gold rallies, people are rushing up to sell unneeded jewellery and scrap gold even in major importing countries such as India and Turkey. This world wide demand for old gold trade has raised demand for gold.

Author: John Steele

Learn how to get the best price before you sell your gold. Scrap Gold Secrets will show you how. http://www.scrapgoldsecrets.info

Article Source: http://EzineArticles.com/?expert=John_Steele

Technorati Tags: buy sell gold jewelry, refining scrap gold

Ever heard the expression that all that glistens is not gold? That may well be the case, but if you do have some gold, glistening or not, there’s an easy way to convert it into cold hard cash.

I’m not talking about selling the family silver (or in this case gold) or hawking your engagement and wedding rings to someone who names his own price below market rate and then sells them on at a huge profit for himself.

The secret is, gold is gold no matter what. It has its own intrinsic value and that value is regulated by market forces and is published daily so you know exactly what your gold is worth.

It doesn’t matter if your gold is contained inside some hideous piece of jewellery that you wouldn’t be seen dead wearing, or if it’s in a broken gold bracelet or gold necklace that you can’t wear any more.

The gold can be from nasty seventies cufflinks, antique jewellery or even from gold teeth. No matter - there are people out there who will buy your gold at the market rate and because gold is such a vaunted commodity it’s easy to achieve the best price for your gold.

So, how do you go about it? The best part is that you don’t even need to leave your house. You don’t have to be nervous about going to some neighbourhood you don’t know, carrying your gold and then getting pressured by some jeweller into taking whatever price they offer.

The good news you can do it all online, you can check out the price you’ll get anonymously and with no pressure - you can just browse in the comfort of your own home, make a decision in your own time and decide for yourself if you want to go ahead.

There are many gold buying sites online these days and they are reputable businesses that pay a good price for your gold, explain the whole process and do not pressure you into selling your unwanted gold for a price less than you would want.

A quick search on Google for a term like ’sell scrap gold’ or ’sell old gold jewellery’ will bring up a list of gold buying sites. Always look for the BJA or British Jewellers Association logo on the website, this is the regulatory body and any business buying gold online should be a member.

Most sites will publish what they will pay per gramme of gold on that given day (the price of gold fluctuates daily) and will also have a calculator where you can put in the weight of the gold and the whether it is 9 carat, 14 carat, 18 carat or 24 carat gold. If you don’t know the carat don’t worry they can check that for you when you send your gold in.

The calculator will show you what your gold could be worth. Then you just need to print off the valuation, send in your gold be registered post and then wait 24 hours for confirmation of the price (this of course may be different than your calculation based on weight and purity when tested but this will be advised and confirmed beforehand).

At this point you can decide whether, yes you do want to sell your gold, or no you’d rather not (if you don’t then your gold will be returned to you).

If you do decide to sell then the gold will be bought from you at the confirmed price and payment will be sent to you or made by bank transfer within 24 hours.

Gold Scrap Sales Hold Prices Down

Gold scrap has poured into the market because of tough economic times, high bullion prices, which has subdued the metal’s advance, but it won’t be forever. 

Does Scrap Gold have Any Value?

Scrap gold does indeed have value. After you have gathered together all of your various pieces of junk gold (think gold chains, rings with or without stones, earrings missing a mate, gold fillings from teeth etc.

What to do with your Scrap Gold and Old Jewlery

No matter how big, how small, or how damaged you may think your scrap gold is, it is definitely of value. Whether it’s an old wedding ring from a divorce, broken gold chains, earrings missing a mate, or even gold fillings from teeth.

Author: Steven Simenson

For people looking to get together a little extra cash at short notice, selling old unwanted jewellery that they won’t miss is an excellent option. Aurous Ltd of the UK operate the website http://www.bestpriceforgold.co.uk which strives to offer the best daily rates for people looking to sell scrap gold. Please check out their website if you are looking to sell gold jewellery and are looking for the best price for your gold. Sell old gold today, and receive payment within 24 hours of official valuation

Article Source: http://EzineArticles.com/?expert=Steven_Simenson

Technorati Tags: gold jewelry buyer, sell gold ring

SellingScrapGold.org is dedicated to providing quality information on the subject of selling scrap gold and in particular, on the product Cash4Gold.

Here you will find helpful reviews, informative information and tips and much more. This site is in the format of a ‘weblog’ so that each time I post new information, it will come to the top of the front page. This means that you can check back here frequently to see new updates to the information found here.

You can navigate through the site by using the menus on the sides of the page. Also don’t hesitate to follow the links you see in bold throughout each post to learn more about the product being spoken about.

I hope you find the information I provide valuable and helpful.

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If you have any questions regarding the content in this website, about the products that are mentioned, or just any questions at all don’t hesitate to contact me at the following address. I’d also love to hear any feedback on the site if you’ve found it helpful or have some ideas about how I can improve the site in some way.

Please contact me at admin@sellingscrapgold.org.

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